Wayne Township Real Estate Report

There was good news for home sellers in Wayne township in January of 2010 as buyers paid an average cost per square foot of $43. This nearly matches the 6-month high of $43 per square foot that occurred in August of 2009.

Homes for sale in Wayne township spent an average of 78 days on market. While this was up a bit from December’s total of 72 it was still significantly down the 6-month high of 111 days that occurred in August of 2009.

The not-so-great news for the Wayne township real estate market was that the total number of homes sold dropped to a 6-month low of just 73 in January. This figure represents nearly a 43-percent decrease from the 6-month high of 128 homes sold in August of 2009. Fortunately for home sellers the total number of homes for sale held pretty much steady at 851, or just barely a 1-percent increase over December’s total of 844 homes listed for sale. This is 12.2 percent of the total 6,959 homes for sale on the Indianapolis real estate market.